A consortium jointly led by private equity firm TPG’s global impact platform The Rise Fund, and Malaysian conglomerate Hong Leong Group, has secured regulatory approval to acquire the International Medical University (IMU) in Kuala Lumpur for 1,345 million Malaysian ringgit ($306 million), according to a report by Deal Street Asia.

Italian state investor CDP has teamed with Australian asset management group Macquarie to submit a joint bid to acquire Telecom Italia’s fixed-line network, rivalling an offer made last month by KKR, according to a report by Reuters.

KKR & Co has exited its investment in Malaysia’s Weststar Aviation through a sale of its 21% stake in the business to the helicopter service company’s parent Weststar Group. Weststar Group is now Weststar Aviation’s sole shareholder.

Private investor Rcapital, has acquired James Fisher Nuclear from James Fisher & Sons plc, a business with over 30 years’ experience in the UK nuclear sector providing design, manufacturing, testing and inspection services for nuclear decommissioning projects.  

ScioTeq, a designer and manufacturer of visualisation solutions for the aviation, ATC, defence, and security markets, and a portfolio company of global private equity firm OpenGate Capital, has acquired IRTS, a manufacturer of ruggedised displays and embedded computers for defence, aerospace and industrial applications.  Terms of the acquisition have not

GIC, the sovereign wealth fund of Singapore, has agreed to pay $1 billion to acquire a stake of around 5% in EDP Renovaveis (EDPR), a Europe-based clean energy firm, according to a report by The Strait Times. The renewable energy firm, which has its headquarters in Spain, says plans to

The EQT Active Core Infrastructure fund, together with the Public Sector Pension Investment Board, has agreed to acquire Radius Global Infrastructure in a transaction with a total enterprise value of $3 billion.

Rotunda Capital Partners, an operationally focused lower middle-market private equity firm, has sold Amware Fulfillment, a US-based fulfilment logistics partner, to Staci Group, a fulfilment and logistics service provider headquartered in France.

Arsenal Capital Partners has sold Airnov Healthcare Packaging, a producer of consumables used to protect healthcare products from moisture and oxygen, to Colorcon, Inc. Financial terms of the transaction have not been disclosed.